The Chinese state-owned conglomerate CITIC Group, through its affiliate CITIC Construction, has won the bid for the first and second phases of the 3.2 GW Al Khairat heavy oil-fired power project in Iraq. The project is located in the Karbala Province in south-central Iraq, about 100 km away from Baghdad, and consists of eight 400 MW power units, which will be commissioned in two phases of four units. CITIC Construction is responsible for designing, procurement, construction, installation, commissioning and operation and maintenance of the project for a period of ten years. The contract value of the project is about US$5.7bn. The Karbala refinery located nearby will provide its by-product heavy oil for the power plant as fuel.
Electricity capacity in Iraq has more than tripled since 2010, from 12 GW to 39 GW in 2020 (1.2 GW installed in 2020). Gas represents 63% of this capacity, oil 30% and hydro 6% (end of 2020).
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